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Golub Capital BDC

159 hedge funds and large institutions have $393M invested in Golub Capital BDC in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 58 increasing their positions, 45 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

75,100% more call options, than puts

Call options by funds: $752K | Put options by funds: $1K

38% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 16

29% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 45

3% more funds holding

Funds holding: 155159 (+4)

3% less capital invested

Capital invested by funds: $403M → $393M (-$10.5M)

2.34% less ownership

Funds ownership: 39.55%37.21% (-2.3%)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

Holders
159
Holders Change
+4
Holders Change %
+2.58%
% of All Funds
3.45%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.11%
New
22
Increased
58
Reduced
45
Closed
16
Calls
$752K
Puts
$1K
Net Calls
+$751K
Net Calls Change
+$2K
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
126
Belpointe Asset Management
Nevada
$159K
GAM
127
Griffin Asset Management
New York
$142K +$143K +8,168 New
NCM
128
Next Capital Management
New York
$124K
AG
129
Aperio Group
California
$108K +$108K +6,185 New
AG
130
Advisor Group
Arizona
$106K +$8.4K +479 +9%
US Bancorp
131
US Bancorp
Minnesota
$98K -$1.35K -77 -1%
BCA
132
Berman Capital Advisors
Georgia
$83K -$21.1K -1,204 -20%
1IA
133
1834 Investment Advisors
Wisconsin
$82K
PNC Financial Services Group
134
PNC Financial Services Group
Pennsylvania
$76K
TRCT
135
Tower Research Capital (TRC)
New York
$61K +$6.46K +368 +12%
PA
136
Parallel Advisors
California
$41K +$40.9K +2,334 New
AP
137
Arlington Partners
Alabama
$36K +$36.7K +2,093 New
GEA
138
Glen Eagle Advisors
New Jersey
$33.5K -$53.5K -3,048 -61%
UBS AM
139
UBS AM
Illinois
$29.4K -$5.88K -335 -17%
HWA
140
Heritage Wealth Advisors
Virginia
$24.9K
QT
141
Quantamental Technologies
New York
$24K +$23.9K +1,364 New
BFEC
142
Benjamin F. Edwards & Company
Missouri
$21K -$2.86K -163 -12%
FCA
143
FinTrust Capital Advisors
South Carolina
$19K
EWM
144
Endurance Wealth Management
Rhode Island
$14K
CAC
145
Certified Advisory Corp
Florida
$14K +$158 +9 +1%
PGAM
146
Princeton Global Asset Management
New Jersey
$12K
HIM
147
Hillsdale Investment Management
Ontario, Canada
$11K
FHA
148
First Horizon Advisors
Tennessee
$9K
QCIG
149
Quad-Cities Investment Group
Iowa
$9K
TCOV
150
Trust Company of Vermont
Vermont
$8K +$7.77K +443 New

GBDC Hedge Fund Activity: Q2 2019 in Review

159 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Golub Capital BDC (GBDC) for Q2 2019, worth a combined $393M — down 2.6% from $403M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new GBDC positions and 16 closed out — a net gain of 6 holders — while 58 added to existing stakes and 45 trimmed.

The largest buyer was Sound Income Strategies, adding an estimated $5.95M. The largest seller was MRA Associates USA, cutting an estimated $35.3M.

  • 159 institutional investors held Golub Capital BDC (GBDC) as of Q2 2019, up from 155 in Q1 2019.
  • Funds reported $393M of Golub Capital BDC stock for Q2 2019, down 2.6% quarter-over-quarter.
  • 22 funds opened new Golub Capital BDC positions in Q2 2019 and 16 closed out, a net change of +6 holders.
  • The largest Golub Capital BDC buyer in Q2 2019 was Sound Income Strategies, an estimated $5.95M added.
  • The largest Golub Capital BDC seller in Q2 2019 was MRA Associates USA, an estimated $35.3M sold.

Based on aggregated 13F filings for Q2 2019.